as introduced - 86th Legislature (2009 - 2010) Posted on 02/09/2010 01:43am
Engrossments | ||
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Introduction | Posted on 02/23/2009 |
A bill for an act
relating to capital improvements; authorizing the issuance of state bonds;
appropriating money for flood mitigation in the city of Austin.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
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$5,704,000 is appropriated from the bond proceeds
fund to the commissioner of natural resources for a flood hazard mitigation grant to the
city of Austin for publicly owned capital improvements to prevent or alleviate flood
damage under Minnesota Statutes, section 103F.161.
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To provide the money appropriated in this act from the bond
proceeds fund, the commissioner of finance shall sell and issue bonds of the state in an
amount up to $5,704,000 in the manner, upon the terms, and with the effect prescribed by
Minnesota Statutes, sections 16A.631 to 16A.675, and by the Minnesota Constitution,
article XI, sections 4 to 7.
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Section 1 is effective the day following final enactment.
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